The PE film is used for packing or protection of products which range from loads bundled on pallets to individual items of big dimensions. It has a low thickness and high durability which ensures the stability of the load. The stretch film is used to wrap products. The polyethylene film is earmarked for wrapping loads with the help of a packing machine. The thickness of the manufactured film is from 10 to 35 micrometres. These films have chemical properties that make them different in their flexibility and elasticity. They are moisture resistant and air resistant which makes the products from getting spoiled. The quality of the packaged products is thus enhanced. When compared to a traditional stretch film, the PE stretch film has a positive impact on the environment due to the reduced amount of waste.

Scope & Regional Forecast of the PE Stretch Film Market

The PE Stretch Film Market is one of the largest and rapidly evolving markets. The stretch film processors have been confident about the increase in the demand for their products. The wrap stretch film continues to ahead of other conventional means of pallet unitization and product bundling and like plastic and metal banding, PE stretch film and pallet wrap/shrouds. The pallet stretch wrapper is the most cost effective, faster, more user-friendly, more energy efficient and safer.

There are three types of the pallet film which are commonly produced namely, hand-wrap, machine rotary, power stretch wrap, and silage wrap stretch films. New applications for the special grades of PE film are being developed and commercialized in North America and more sophisticated stretch films are designed for existing applications.

The demand for the pallet stretch wrapper in the US is expected to grow by 3.5% annually to $3.1 by 2019. This is due to the increasing sales of retail items and with the increase in layering and efficiency in film manufacturing. The PE Stretch Film Market will get a boost from the increased manufacturing activity and spending on consumer goods as well as improvements in machinery and resign strength.

Segmentations & Key Players Involved in the PE Stretch Film Market can be broken down into various segments as follows:

MarketIntelReports (MIR) aims to empower our clients to successfully manage and outperform in their business decisions. We do this by providing Premium Market Intelligence, Strategic Insights and Databases from a range of Global Publishers.